USA | ForkLog - Part 88

ForkLog 14 24.03.2023

Coinbase chief calls SEC policy ruinous for US financial sector

Regulatory policy of the SEC regarding digital assets could negatively affect the financial position of the United States. This was stated by Coinbase's CEO Brian Armstrong.

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ForkLog 30 24.03.2023

U.S. prosecutors charge Do Kwon with fraud

U.S. prosecutors in New York filed charges against Terraform Labs (TFL) co-founder and CEO Do Kwon, hours after his arrest in Montenegro.

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ForkLog 22 23.03.2023

Dune analysts call the US government ‘one of the biggest Bitcoin whales’

The total stock of the leading cryptocurrency held by U.S. authorities stands at 205,515 BTC — more than 1% of the coin’s supply.

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ForkLog 9 22.03.2023

US Treasury to draft NFT tax guidance

NFTs may be treated as works of art and collectibles such as coins, spirits and antiques. Such amendments will be prepared by the IRS and the U.S. Treasury in new guidance.

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ForkLog 22 22.03.2023

US Senators Urge Crackdown on ‘Fake Audits’ of Crypto Firms

Senators Elizabeth Warren and Ron Wyden urged authorities to act against 'fake audits' of crypto firms. The matter is outlined in a letter from the politicians.

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ForkLog 31 22.03.2023

Head of OneCoin pyramid compliance faces up to 40 years in prison

U.S. authorities charged Irina Dilkinskaya, the former head of the compliance department at the OneCoin cryptocurrency pyramid, with fraud and conspiracy to launder money.

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ForkLog 15 22.03.2023

U.S. senator opposes creation of a retail CBDC

U.S. Senator Ted Cruz, a Republican from Texas, introduced a bill prohibiting the Federal Reserve from launching a consumer-oriented central bank digital currency (CBDC).

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ForkLog 20 22.03.2023

White House flags risks cryptocurrencies pose to citizens and the financial system

Digital assets do not meet the claimed use-case scenarios and pose risks to investors and financial stability overall. This conclusion is contained in the President of the United States' annual Economic Report to Congress.

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ForkLog 53 20.03.2023

U.S. government’s foregone profits from selling bitcoins exceed $5 billion

The U.S. government forewent at least $5.1 billion in profits from the 'hasty' sale of bitcoins seized from criminals.

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ForkLog 14 20.03.2023

Media: Binance gives a ‘surface-level response’ to US senators

The cryptocurrency exchange Binance responded to the US senators' inquiry but offered little clarification on most questions. Bloomberg reports this.

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ForkLog 12 19.03.2023

Valkyrie executive: FTX collapse delays US Bitcoin ETF launch

Steven McClurg, the chief investment officer of Valkyrie Investments, said that the collapse of the FTX exchange has further delayed the launch of a spot bitcoin ETF in the United States.

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ForkLog 22 17.03.2023

US Senator Criticises Banks for Working with the Crypto Industry

Banks serving the crypto industry are acting imprudently, as digital assets are extremely volatile. This view was expressed by Senator Michael Bennet of Colorado.

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